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MARTINS FERRY, Ohio,
April 21, 2011 /PRNewswire/ -- On
April 20, 2011, the Board of Directors of United Bancorp, Inc. (Nasdaq: UBCP) declared the second quarter dividend payment of
$0.14 per share for shareholders of record on
May 20, 2011 with a payment date of
June 20, 2011, to be paid out of the Company's capital surplus account which is represented on the Company's balance sheets included in its periodic reports filed with the Securities and Exchange Commission as "Additional paid-in capital".
James W. Everson, Chairman, President and CEO announced the Shareholders of UBCP at the Annual Meeting held that date elected Directors for the following year including himself,
Scott A. Everson, President and CEO, The Citizens Savings Bank,
Martins Ferry; John M. Hoopingarner, Executive Director, Muskingum Watershed Conservancy District,
Samuel J. Jones, Athletic Club Owner,
Terry A. McGhee, President and CEO, Westerman, Inc.,
Matthew C. Thomas, President, M.C. Thomas Insurance Agency,
Richard L. Riesbeck, President, Riesbeck Food Markets, Inc.,
The following officers were appointed at the UBCP Reorganization Meeting:
James W. Everson, Chairman, President & Chief Executive Officer;
Scott A. Everson, Executive Vice President - Chief Operating Officer;
Randall M. Greenwood, Sr. Vice President - Chief Financial Officer & Secretary/Treasurer;
Matthew F. Branstetter, Vice President – Chief Lending Officer;
Elmer K. Leeper, Vice President – Chief Retail Banking Officer and
Michael A. Lloyd, Vice President – Chief Information Officer. Richard L. Riesbeck was appointed Lead Director of the Board.
United Bancorp, Inc. is headquartered in
Martins Ferry, Ohio with total assets of approximately
$432.1 million and total shareholder's equity of approximately
$35.8 million as of
March 31, 2011. Through its single bank charter with its twenty banking offices and an operations center, The Citizens Savings Bank through its Community Bank Division serves the
Ohio Counties of
Hocking and through its Citizens Bank Division serves
Tuscarawas. United Bancorp, Inc. is a part of the Russell Microcap Index and trades on The NASDAQ Capital Market tier of the NASDAQ Stock Market under the symbol UBCP, Cusip #909911109.
SOURCE United Bancorp, Inc.